Short Interest in Sinotrans Limited (OTCMKTS:SNOTF) Decreases By 80.0%

Sinotrans Limited (OTCMKTS:SNOTF) saw a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 5,000 shares, a drop of 80.0% from the May 14th total of 25,000 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ? days.

Sinotrans Price Performance

Shares of OTCMKTS SNOTF remained flat at $0.65 during mid-day trading on Wednesday. The stock’s 50 day simple moving average is $0.65 and its 200 day simple moving average is $0.65. Sinotrans has a fifty-two week low of $0.51 and a fifty-two week high of $0.65.

Sinotrans Company Profile

Sinotrans Limited provides integrated logistics services primarily in the People’s Republic of China. The company operates through three segments: Agency and Related Business, Professional Logistics, and E-commerce. It offers sea freight forwarding, such as space booking, arranging transportation, container delivery and loading, storage, port concentration and dispatch, customs declaration and inspection, distribution, and delivery; air freight forwarding, including pick-up and dispatch, warehousing, packaging, booking and handling, trunk air line freight forwarding, and trucking transit services; rail freight forwarding services; shipping agency services comprising port arrival and departure, documentation, ship supplies, and other ship related services at ports; and storage and yard services, such as storage, container consolidating and devanning, cargo loading and unloading, dispatching and distribution, etc.